Buyout coming soon after drilling?
in response to
by
posted on
Mar 01, 2019 07:24PM
Combining Classic Mineral Exploration with State of the Art Technology
Let us hope not if you are meaning just Phase 1 of drilling. Assuming good results, the value should only increase (for this type of deposit) as exploration continues. Let's maximize what we can from Hay Mountain before moving onto something else too soon.
By the way, I suspect if we hit it big at Hay Mountain, JB and LBSR will become "gatekeepers" in a rush of miners into Cochise County. JB knows where the goods are, and I know for a fact he is more than eager to drill other targets. These can be concurrent to advancing Hay Mountain if Phase 1 warrants it.